Wednesday, December 14, 2011

Xeround Gets $9M

Xeround, a developer of cloud-based, MySQL database services, said today that it has raised $9M in a Series C found, which included local investors Ignition Partners and Trilogy Partnership. The firm--which had previously had its U.S. headquarters in Bellevue--also has moved its headquarters to Mountain View, California. The round came from Benchmark Capital, Giza Venture Cpaital, in addition to Trilogy Partnership and Ignition Partners. Xeround's brief time in Bellevue came due to Charlotte Yarkoni, who had become CEO in 2007, but left the firm in August of 2009 for Mozy/EMC. More information »